$200k House Flipping Flop (Eric Brewer)

Like so many Real Estate moguls, Eric Brewer got his start in a completely different industry. After serving in the Army, he transitioned to civilian life quickly by taking an entry level job as a Lot Porter.

But his work ethic quickly earned him a promotion to Assistant Service Manager and eventually Service Manager. Then on June 17th he took a job as Salesman, and in just 13 days he sold 21 cars and was named Salesman of the Month. This quickly led to more promotions to Finance Manager, Sales Manager, and eventually General Manager.

But as he shifted through the gears in the automotive industry, Eric felt torn between being a good father and being a good car guy. The dealership was open on nights, weekends, and holidays which meant there wasn't a lot of time left for his family.

So he quit.

 

00:00 Transitioning out of the military to civilian life
06:00 Eric Brewer gets his start in Real Estate Investing
07:40 How to estimate repairs when flipping houses (NOT)
10:03 A trick for getting top dollar when selling your house yourself FSBO
14:20 Eric's house flip money pit
25:15 What are Novations and The Brewer Method?

 

For More Info or to Listed as a Podcast go to REIClub.com:
https://reiclub.com/real-estate-podcasts/a-200k-lesson-in-real-estate-investing-eric-brewer/

 

For more about Eric and The Brewer Method go to 
https://reiclub.com/novations

 

Eric's Horror Story - 18 Elmwood Drive ( DO NOT GO HERE! YOUR MONEY WILL VANISH )
https://www.zillow.com/homedetails/18-Elmwood-Blvd-York-PA-17403/60472141_zpid/